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akashakash 

How to Create a child record on Contact object for whenever a Account record is created (Object - Account)

PriyaPriya (Salesforce Developers) 
Hey Akash,

There are multiple way to create the child record wheneevr the parent record created or updated. You can create this process using :-

1. Process Builder
2. Flow Builder
3. Apex Trigger

As you know, the process builder is going to retire soon from salesforce , so I recommend you to go with the flow builder.

You can create the  simple record trigger flow on the respective object and in that drag a create an record action and update all the required field as below.

You can refer this example :- https://developer.salesforce.com/forums/?id=9062I000000gDn5QAE

Also refer this youtube video :-https://www.youtube.com/watch?v=pgimn2RnYv0

Let me know if you find anything difficult, I will help you there.
 

Kindly mark it as the best answer if it works for you.

 

Thanks & Regards,

Priya Ranjan